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2.65%

$3.67 ryman healthcare limited ordinary shares

Ann: SPH Notice - ACATIS Investment KVG mbH, page-33

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Pumice

362 Posts.

54

16/03/23

13:05

Post #: 66801178
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Originally posted by Pumice: ↑

Oh for sure, elderly are generally significantly wealthier and demand for units, especially Ryman will remain high.
That wealth is just not as high as it was in 2020/21 and it seems to be flowing through to results albeit muted, its also taking longer to sell as you say
I simply believe its going to get worse before it gets better (Hardly a porky or fear mongering)

But Ryman themselves have flagged the softening housing market as a headwind, that and high construction costs.
Plus they themselves hold a fair amount of debt too which is a risk, one analyst I read said there was a risk of a capital raise! (I'll have to dig that up)

This stock has fallen from c$16 to $6 for reason, I just do not think it has bottomed and will take a look in 6m to 12m time
Noting the RBNZ is expected to raise the OCR by 75bp in February

You seem positive on the stock, I'm not as yet, that's pretty much it.

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Under $5 now
As expected, the next few months will be telling

Price at posting: $4.91 Sentiment: Hold Disclosure: Not Held
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(20min delay)
Last $3.67		Change -0.100(2.65%)		Mkt cap ! n/a

Open	High	Low	Value	Volume
$3.77	$3.77	$3.65	$3.456M	937.8K

Buyers (Bids)

No.	Vol.	Price($)
0	11445	$3.65

Sellers (Offers)

Price($)	Vol.	No.
$3.70	7110	0

Last trade - 13.00pm 10/05/2024 (20 minute delay)

RYM (NZSX) Chart